236 result(s) for mortgage
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.